The District 233 school board approved the $63.8 million budget for fiscal year 2023 at its Sept. 20 board meeting. The budget will cover expenses at Homewood-Flossmoor High School this year.
Lawrence Cook, chief school business official, reported the overall revenues will show a slight increase of 2.72% or approximately $687,000.
The district is receiving additional revenue through the state’s Evidence-Based Funding Formula. The $18.4 million makes up about 28% of the H-F budget. Real estate taxes raise approximately $37.46 million or 59% of the budget. The district also gets support through grants and federal assistance, corporate personal property replacement taxes and investment income.
South cafeteria roof
The board also approved the application to the state for a $50,000 School Maintenance Project Grant. The funding would help cover the cost of replacing the 35,000-square-foot roof on the South Building cafeteria, Cook said.
The roof replacement is part of the district’s long-range facility plan. The roof was originally laid in 1992 and is showing signs of chronic moisture and deteriorating patch work. The replacement cost is estimated at $987,000. Work will be done in summer 2023.
Tuition rates
The board increased the annual tuition rate by 5.6% to $19,222.97 per year, or $109.22 per day.
When district staff finds that a student is not a resident of District 233, the student’s parent or guardian is liable for tuition costs for the days the student was at Homewood-Flossmoor High School.